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The differences between vice presidents and development vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president, becoming a development vice president takes usually requires 2-4 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $156,085 average annual salary of a development vice president.
The top three skills for a vice president include healthcare, oversight and project management. The most important skills for a development vice president are business development, java, and development finance.
| Vice President | Development Vice President | |
| Yearly salary | $158,637 | $156,085 |
| Hourly rate | $76.27 | $75.04 |
| Growth rate | 6% | 7% |
| Number of jobs | 119,530 | 94,188 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 52 | 45 |
| Years of experience | - | 4 |
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
Vice presidents and development vice presidents have different pay scales, as shown below.
| Vice President | Development Vice President | |
| Average salary | $158,637 | $156,085 |
| Salary range | Between $107,000 And $235,000 | Between $103,000 And $235,000 |
| Highest paying City | San Francisco, CA | Portland, OR |
| Highest paying state | New York | Oregon |
| Best paying company | Brookfield Properties | Mall of America |
| Best paying industry | Manufacturing | Hospitality |
There are a few differences between a vice president and a development vice president in terms of educational background:
| Vice President | Development Vice President | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between vice presidents' and development vice presidents' demographics:
| Vice President | Development Vice President | |
| Average age | 52 | 45 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 67.0% Female, 33.0% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% | Black or African American, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 18% |